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To: abb

Oh, yeah, let’s keep the state income tax - we can observe how well states that tax income do (e.g. La, Ms) and how poorly states that do not do (e.g. Tx, Fl). The jury is still out on this kid and I voted for him every time.


3 posted on 05/13/2008 1:41:04 AM PDT by MarkT
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To: MarkT

I am afraid Bobby Jindal is not as advertised. I too voted for him.


4 posted on 05/13/2008 1:47:17 AM PDT by abb (Organized Journalism: Marxist-style collectivism applied to information sharing)
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To: MarkT

While you are correct that here in Texas there is no state income tax on personal income, I must mention that the state charges a ‘fee’ for just about everything except breathing. Also for businesses, there is a hefty ‘franchise’ tax which is assessed on a business’s revenue stream. This is a ‘de facto’ income tax on business.

For a business of any significant size, keeping up with the assorted fees & taxes that must be paid monthly, quarterly, ad nauseum requires a CPA. My CPA calls this activity the ‘Texas CPA Full Employment Act’.


14 posted on 05/13/2008 3:17:24 AM PDT by ByteMercenary (9-11: supported everywhere by followers of the the cult of islam.)
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